Beacon Pointe Advisors LLC Sells 4,154 Shares of Keysight Technologies Inc. $KEYS

Key Points

• Beacon Pointe Advisors cut its Keysight Technologies stake by 65.2%, selling 4,154 shares and retaining 2,221 shares valued at approximately $777,000. Institutional investors and hedge funds collectively own 84.58% of the company.
• Keysight reported quarterly EPS of $3.07, surpassing the $2.48 analyst consensus, while revenue reached $1.85 billion, up 36.5% year over year and above estimates.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $392.83; several firms recently raised their targets to between $425 and $440.

Beacon Pointe Advisors LLC lowered its stake in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 65.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,221 shares of the scientific and technical instruments company's stock after selling 4,154 shares during the period. Beacon Pointe Advisors LLC's holdings in Keysight Technologies were worth $777,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Quarry LP acquired a new position in shares of Keysight Technologies during the fourth quarter valued at $25,000. Fiduciary Financial Advisors bought a new position in shares of Keysight Technologies in the 2nd quarter valued at about $28,000. IMG Wealth Management Inc. acquired a new stake in shares of Keysight Technologies during the 2nd quarter worth approximately $29,000. Cornerstone Planning Group LLC raised its stake in shares of Keysight Technologies by 36.1% during the first quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company's stock worth $32,000 after buying an additional 30 shares during the last quarter. Finally, Compass Financial Management LLC bought a new stake in shares of Keysight Technologies during the second quarter worth approximately $34,000. Institutional investors and hedge funds own 84.58% of the company's stock.

Keysight Technologies Stock Performance

Shares of KEYS opened at $323.40 on Tuesday. The firm has a market cap of $55.27 billion, a P/E ratio of 44.42, a PEG ratio of 1.64 and a beta of 1.22. Keysight Technologies Inc. has a twelve month low of $158.79 and a twelve month high of $374.96. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.62 and a current ratio of 2.02. The firm's 50 day moving average price is $328.15 and its two-hundred day moving average price is $319.86.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, topping analysts' consensus estimates of $2.48 by $0.59. The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.75 billion. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The firm's quarterly revenue was up 36.5% on a year-over-year basis. During the same period last year, the business posted $1.72 earnings per share. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. On average, analysts forecast that Keysight Technologies Inc. will post 10.03 EPS for the current fiscal year.

Insider Activity

In other news, CEO Satish Dhanasekaran sold 507 shares of the company's stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $361.32, for a total transaction of $183,189.24. Following the completion of the transaction, the chief executive officer directly owned 121,391 shares of the company's stock, valued at $43,860,996.12. This represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jean Mcclung Nye sold 3,000 shares of the stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $319.22, for a total value of $957,660.00. Following the transaction, the director owned 35,752 shares of the company's stock, valued at approximately $11,412,753.44. The trade was a 7.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 7,507 shares of company stock worth $2,451,909 over the last three months. Corporate insiders own 0.40% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on KEYS shares. Citigroup reaffirmed a "buy" rating on shares of Keysight Technologies in a research note on Wednesday, August 19th. The Goldman Sachs Group restated a "buy" rating on shares of Keysight Technologies in a research report on Wednesday, May 20th. Morgan Stanley lifted their price objective on Keysight Technologies from $400.00 to $425.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 19th. JPMorgan Chase & Co. increased their target price on Keysight Technologies from $400.00 to $425.00 and gave the company an "overweight" rating in a research note on Wednesday, August 19th. Finally, Susquehanna raised their target price on Keysight Technologies from $425.00 to $440.00 and gave the stock a "positive" rating in a report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $392.83.

Keysight Technologies Profile

Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.

Keysight's product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.

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